The Emerging Markets and Higher Education: Experiences from Taiwan

Taiwan is an island country the size of the Netherlands with a population of 22 million. In the past five decades, the nation has undergone a dramatic transformation. Politically, Taiwan has transformed from an authoritarian state to a democratic nation, with a popularly elected president and active opposition parties. Economically, Taiwan has shifted from labor-intensive to capital-and technology-intensive industries and now stands as one of the Pacific Rim “Dragons.” Along with Japan, Taiwan and other Asian newly industrialized countries constitute one of the most dynamic regions in the global economy.